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India's biopharma sector key driver of bioeconomy - BioBiz
  • India’s biopharma sector, contributing 49% to biotechnology output, drives global health innovation.
  • The Biologics CDMO market is projected to grow at a 12.78% CAGR, reaching $24.77 billion by 2028, with Indian companies investing 8-10% in R&D.
  • India, the second-largest vaccine producer globally, manufactures 14.5 million kg annually, reflecting its critical role in healthcare.

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